XRP hits 7-month high despite $109M liquidations — What happens next?

XRP extended its bullish streak, cleared the $1.50 resistance, and reached a seven-month high of $1.67. The altcoin later retraced to $1.5114 but remained up 15% on the daily chart.

The rally coincided with an 89% increase in Trading Volume, reflecting stronger market participation.

Are whales and institutions buying XRP?

XRP maintained its upward trajectory as demand strengthened across Spot and institutional markets.

Whale activity first showed that large holders had reduced transfers toward exchanges. The Whale to Exchange Flow fell to 336, returning to levels recorded before the market recovered three days earlier.

Falling Whale to Exchange Flow showed that fewer whale-linked transfers reached exchanges. This decline suggested weaker immediate selling pressure, although it did not confirm fresh whale purchases.

Meanwhile, institutional demand added another layer of support.

Whale Insider reported that Bitwise’s XRP ETF recorded $16.9 million in Daily Net Inflows. The fund marked its third consecutive day of positive flows.

Overall, XRP ETFs attracted $18.3 million, recording their highest Daily Net Inflows in three months. These purchases reflected stronger institutional demand as XRP challenged its seven-month high.

However, the derivatives market showed where that confidence could become unstable.

Can XRP survive rising leverage?

XRP recorded heavy liquidations across both sides of the derivatives market.

Over 24 hours, $59.7 million in Long Positions and $49 million in Short Positions were liquidated. Total Liquidations exceeded $109 million, showing that volatility punished traders on both sides.

Even so, Open Interest increased 10% to $3.68 billion. Derivatives Volume also jumped 65% to $19.2 billion, showing that traders continued speculating despite recent losses.

Rising Open Interest confirmed additional exposure but did not reveal whether traders favored Long or Short Positions. This leverage could amplify XRP’s next move, whichever direction price takes.

What’s next?

XRP’s bullish structure remained intact as market demand held steady. The Relative Vigor Index [RVGI] climbed to 0.49, reflecting stronger bullish momentum and buyer control.

Meanwhile, the Momentum Indicator rose to 0.53, supporting the possibility of trend continuation.

If demand holds, XRP could target the $1.94 resistance next. However, another liquidation wave could weaken the rally and expose the $1.30 support.

• XRP gained 15% and reached a seven-month high of $1.67.
• XRP ETF Daily Net Inflows reached a three-month high of $18.3 million.